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Millsboro

Why you'd want to live in Millsboro

The Town is situated along US 113 (a 4-lane highway), SR 24, SR 20, and SR 30 and less than 20 miles from the coastal communities of Lewes, Rehoboth Beach, Dewey Beach, Bethany Beach, and Ocean City (MD). The Indian River School District, which serves Millsboro, enjoys a solid reputation and, like the Town, is growing rapidly. Recreational opportunities include a boat ride on the Indian River (which provides direct access to the Atlantic Ocean) or a trip to Millsboro Lanes for bowling or arcade time, and cultural opportunities include a visit to the gallery at the Greater Millsboro Art League facility. via millsboro.org

Millsboro Market Report

$446,500

AVERAGE PRICE OF 427 HOMES

$302,250

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,936,077

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$564,867

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$739,500

AVERAGE PRICE OF 9 HOMES WITH A POOL

$501,842

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $446,500
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $187,133
2 bedrooms $206,252
3 bedrooms $386,308
4 bedrooms $514,911
5 bedrooms $879,836
Millsboro Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 402 412 429 429 425
Average Price $428,513 $433,689 $403,275 $398,784 $388,916
Avg Price Change -1.21% +7.54% +1.13% +2.54% +5.85%
Median Price $365,237 $368,769 $337,621 $329,229 $318,132
Med Price Change -0.97% +9.23% +2.55% +3.49% +4.59%
Avg Bedrooms 2.55 beds 2.57 beds 2.53 beds 2.54 beds 2.5 beds
Avg Bathrooms 2.16 baths 2.21 baths 2.19 baths 2.17 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cape Henlopen 1 $499,900 1 day
Central High 3 $748,333 72 days
Indian River 24 $514,165 81 days
Laurel 4 $150,000 9 days
Sussex Central 45 $529,591 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 427 $446,500 166 days
Distressed Homes 2 $302,250 21 days
Multi-Million Dollar Homes 24 $1,936,077 261 days
Newly Built Homes 71 $564,867 138 days
Homes with a Pool 9 $739,500 167 days
Reduced Price Homes 7 $501,842 60 days
Iron Valley Real Estate | Frank Hornstein Group
Frank Hornstein
17527 Nassau Commons Boulevard
Rehoboth Beach, DE 19971
302-604-4746
Cell: 302-604-4746
Office: 302-541-8787

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